Texas Unemployment Rate Edges Up To 4.2%

The solid economic foundation laid in Texas over recent years is serving employers and workers well. The statewide unemployment rate edged up to 4.2 percent in November as the growth of non-farm jobs fell by half, the Texas Workforce Commission said Friday. The state unemployment rate in October was 4.1 percent, which matched a 31-year low. A year ago, it stood at 4.7 percent. The Workforce Commission said seasonally adjusted non-farm employment grew by 12,300 in November after an increase of more than 24,000 jobs the month before. The statewide numbers were adjusted for seasonal trends in hiring and firing, which most economists believe gives a better picture of the job market. Read more

[Calamino]

Anything under 5 is awfully darn good.

[imatexan]

Do you really believe this?